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Capital Market

Romania's Budget Posts Deficit Of 0.4%/GDP In Jan-Feb

Romania’s consolidated budget posted a deficit of 2.3 billion lei (EUR1=RON4.0881) in the first two months of the year, compared with RON5.8 billion in the same period of 2010, Finance Minis...

Bogdan Neagu · 25.03.2011 · 17:55 · 1 min
Capital Market

Romanian Proprietatea Fund Proposes RON0.016 Dividend

Romanian Fondul Proprietatea (FP.RO) manager Franklin Templeton on Friday proposed shareholders a gross dividend of 0.01569 lei (EUR1=RON4.1020) per share from last year’s profit, much lower...

Andrei Cîrchelan · 25.03.2011 · 17:54 · 1 min
Capital Market

Romanian Depository To Issue Docs For Proprietatea Fund Hldrs

Shareholders of Romanian investment fund Fondul Proprietatea can now obtain account statements and other data from the Central Depository, the depository said Tuesday.

Andrei Cîrchelan · 18.01.2011 · 14:49 · 1 min
Capital Market

Romania To Launch First MTN Issue Mid February

Romania will launch a first bond issue of its planned EUR7 billion medium term notes (MTNs) program in mid-February, after the International Monetary Fund wraps up its review mission pertain...

Florentina Dragu · 18.01.2011 · 12:49 · 1 min
Capital Market

Romanian SIFs' 2010 Net Assets Down 6.5%, At RON7B

The net assets of Romania’s five regional investment funds SIFs fell 6.5% on the year in 2010, at 6.97 billion lei (EUR1=RON4.2578), the fund managers' association data showed Monday.

Anca Baltatescu · 17.01.2011 · 18:54 · 1 min
Capital Market

Romanian SIF Muntenia Files To Takeover Transchim For RON3.2M

Romanian regional investment fund SIF Muntenia (SIF4.RO) will launch a public offer to buy 54% in transporter Transchim București (TRAI.RO) for 3.19 million lei (EUR1=RON4.2578), according t...

Andrei Cîrchelan · 17.01.2011 · 13:28 · 1 min
Capital Market

Romania Leu Up Vs Euro, Exch Rate At 4.2578

Romania’s leu extended early gains versus the euro in mid trade Monday and the central bank’s reference won 0.2% to 4.2578 units, from 4.2669 units Friday.

Florentina Dragu · 17.01.2011 · 13:24 · 1 min
Capital Market

Romanian Proprietatea Fund Manager Plans New Voting System

Romanian Proprietatea fund manager Franklin Templeton plans to change voting rules for shareholders, allowing one vote for each share, as soon as the state reduces its stake to less than 33%...

Andrei Cîrchelan · 17.01.2011 · 13:17 · 1 min
Capital Market

Raiffeisen Eye Market Maker Status On Proprietatea Stock

Romanian brokerage firm Raiffeisen Capital & Investment plans to become market maker for Fondul Proprietatea stock starting with the first day of trading, company general manager Dana Mirela...

Andrei Cîrchelan · 17.01.2011 · 13:17 · 1 min